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Forex Trend Analysis Report

Prepared for you on Sunday, January 23, 2022.

Mexican Peso/Czech Koruna (FOREX:MXNCZK)

Strong Downtrend (-100) - MXNCZK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MXNCZK continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid MXNCZK?

MarketClub looks at technical strength and momentum to determine if the timing is right for MXNCZK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MXNCZK
Open High Low MXNCZK Price Change
1.0489542 1.0489542 1.0489542 1.0489542 0.0000000
Entry Signal

MarketClub’s Trade Triangles for MXNCZK

long term down The long-term trend has been DOWN since Nov 25th, 2021 at 1.0498187

intermediate term down The intermediate-term trend has been DOWN since Nov 25th, 2021 at 1.0525000

short term down The short-term trend has been DOWN since Jan 3rd, 2022 at 1.0643700

Smart Scan Analysis for MXNCZK

Based on our trend formula, MXNCZK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for MXNCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0489542 1.0489542 1.0489542 1.0489542 0.0000000
Prev. Close Volume Bid Ask Time
1.0489542 2022-01-23 01:45:40
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